Raiffeisen Bank Aval saw UAH 3.804 billion of profit after taxation in 2016, being the best among Ukrainian banks, the National Bank of Ukraine (NBU) has reported. Citibank saw UAH 1.45 billion of profit and OTP Bank saw UAH 913.76 million, being third. Credit Agricole Bank saw UAH 807.79 million and ING Bank Ukraine –…
TMM developing and construction firm LLC (Kyiv) intends to realize a project to build a solid household waste-to-energy plant near combined heat and power plant No. 6 in Kyiv, TMM Director General Mykola Tolmachev has said. “The waste combust technology is similar to the “magma” technology when waste is heated on hot stone without the…
Dushanbe and Baku intend to restore direct air communication. This issue was reportedly discussed at a meeting of Tajik Minister of Economic Development and Trade Nematullo Hikmatullozoda with Azerbaijan’s Ambassador to Tajikistan Abbasali Hasanov. According to the press center of the Ministry of Economic Development and Trade, the parties also discussed preparations for the next…
As of December 31, 2016 the size of the national debt of Kyrgyzstan amounted to $4,105 billion, the Minister of Finance Adylbek Kasymaliev declared. According to him, the domestic public debt amounted to $322.7 million and the external – $3,782.74 billion. “The size of the external debt to GDP amounted to 57.2%. By law, the…
In 2016 Kyrgyzstan produced fewer clothes, but most of the metal ore. This was stated at a meeting of the board of the State Committee for Industry, Energy and Subsoil Use. According to its deputy chairman Kuban Myrzakanov, over the past year the industry produced goods at 205,265.6 billion soms, and without companies developing the…
Production of cement declined after Kyrgyzstan’s accession to the Eurasian Economic Union. This was stated at the board meeting of the State Committee for Industry, Energy and Subsoil Use. According to the deputy chairman of the committee Kuban Myrzakanov, large volumes of cement made in Kazakhstan started arriving with which the domestic market can not…
Production cost of a kilowatt-hour of electricity in Kyrgyzstan in 2016 was 43.8 tyiyn, the State Committee of Industry, Energy and Subsoil Use reported. It is noted that this figure was determined excluding imports. In 2015 the cost was 45.4 tyiyn per kilowatt. The reduction is caused by a decrease in the share of HPP…